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Street View
Listed by: Rick W. Seddon (253) 279-1986 | John L. Scott, Inc. (253) 841-7000
$1,800,000
Monthly Est:$8,959
-- Bed
-- Bath
4.35acres lot
16418 Middle Rd SE, Yelm, WA 98597
$1,800,000
$8,959/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
4.35 acres lot
$413,793/acre
Description
Exceptional 4.3-acre development opportunity in the heart of Yelm! Offered with a 23-lot preliminary plat and engineering already completed, this property presents a rare chance for builders and developers to accelerate their timeline and capitalize on the area's continued growth and strong housing demand. Utilities are in the street, helping streamline the development process and reduce upfront infrastructure hurdles. The property includes an existing home, providing the flexibility to generate rental income while final approvals are secured and development plans move forward. Whether you're looking to build out the project immediately or hold as an investment, the existing residence offers valuable interim cash flow. With much of the preliminary planning work already completed, this is an exceptional chance to capitalize on the continued demand for new housing in Thurston County. Conveniently located with access to schools, shopping, and major commuter routes, the project is well-positioned for future success. Opportunities with substantial pre-development work already in place are becoming increasingly scarce—secure this 23-lot project and bring your vision to life in one of Thurston County's fastest-growing communities.
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 4:30 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2531310
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
4.35 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2531310
MLS Status
Active
Days on Market
124
Cumulative Days on Market
123
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
In Street
Utilities & Energy
Utilities
Electricity Available, Natural Gas Available, Septic Design Installed
Water Source
In Street, Private Well
Other Features
Subdivision Name
Yelm
Price History
| Date | Event | Price |
|---|---|---|
06/01/2026 Source: | Listed for Sale | $1,800,000 +822.13% $0/sqft |
02/01/2002 Source: | Sold | $195,200 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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